Chicago Attorneys Hold Insurance Companies Responsible for Bad Faith
Illinois Personal Injury Law Firm Focuses on Bad Faith Claims
Bad faith occurs when an insurance company treats its policyholders in an unfair or unjust manner. Most state insurance laws in the U.S. hold insurance companies to a standard that requires them to treat their policyholders justly according to the terms of their insurance policy, which is a binding contract.
Although insurance companies have the right to deny fraudulent claims or those that are not covered by the policy, they must have a reasonable basis for the denial and are prohibited by federal and state law from acting in bad faith toward their policyholders.
Examples of Bath Faith Conduct
Some of the practices insurance companies engage in that might be considered bad faith conduct include:
- Failing to quickly and comprehensively consider claims
- Intentionally misinterpreting policy language to avoid coverage responsibility
- Declining to resolve a claim or reimburse a policyholder for their entire loss
- Attempting to lowball or under-settle a claim
- Making unreasonable demands to ascertain proof of loss
- Unreasonably denying or terminating a claim without a valid reason
- Refusing to explain policy exclusions and provisions
- Failing to defend an insured who is facing litigation under a liability policy provision
Recovery in Bad Faith Cases
If you can prove that your insurer unjustly disallowed your claim and engaged in bad faith conduct, you may be eligible to recover damages under the provisions of the policy, and potentially the resulting losses and damages suffered for emotional harm, loss of income, and attorney fees.
Contact a Chicago, IL Insurance Bad Faith Law Firm Today
Did your insurance company treat you unfairly by denying or delaying your claim? Contact the bad faith insurance attorneys at Kelly Law Offices, LLC online or call 1-800-859-8800 to schedule your free initial consultation today.
